Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

glass
pen
clip
papers
heaphones

What is the difference between Merit Pay and Seniority pay

What is the difference between Merit Pay and Seniority pay

Merit Pay and Seniority Pay

Chapter 3 reviews the concepts of merit pay and seniority pay.

A key learning from a compensation course is to understand that various pay systems, pay levels, pay types, etc. can all be effective when applied in the proper organization and in the proper manner.

Likewise, organizations that implement compensation plans or systems that are not effective will incur high costs and minimal returns.

Two very common types of pay in the United States are merit pay and seniority pay.

The assignment for this week:

In your own words (do not copy definitions, do not plagiarize) define merit pay and seniority pay.

What types of organizations and jobs are a good fit for a merit pay system? Why?

Use definitions and examples in your explanation.

What types of organizations and jobs are not a good fit for a merit pay system? Why?

Use definitions and examples to explain your response.

What types of organizations and jobs are a good fit for a seniority pay system? Why?

Use definitions and examples in your explanation.

What types of organizations and jobs are not a good fit for a seniority pay system? Why?

Use definitions and examples to explain your response.

Also explain what role the individual performance appraisal plays in both the merit pay system and the seniority pay system.

Is the individual performance appraisal a useful tool in both systems? Explain

Research and list at least three sources.

Submit your response in paragraph form.

Your submission should be between 300 and 400 words.

See the course syllabus for grading criteria.

Be sure to write in a formal and professional manner. Write in paragraph form. Do not write in an outline or bullet point format.

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Assignment Geeks only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Assignment Geeks are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Assignment Geeks is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Assignment Geeks, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.